LOCATION:
1515 North
Main Street, La Crosse, KS, at the north-entrance to the active Kansas
town, and directly at the prime intersection of busy U.S. Highway 183
and Highway 4 in the center of America's agricultural heartland.
Located about 26 miles south of Hays and Interstate Highway 70, at an
elevation of approximately 2,060 feet, La Crosse has a population of
approximately 1,500 people. It is part of Rush County, which has a
population of approximately 3,600. Offering a fabulous lifestyle away
from the every-day problems of big-city life, it features shops and
restaurants, its very own hospital, a county airport, golf &
country club, tennis, swimming pool, a library, not less than three
museums, a movie-theater, bowling, world-class hunting, fishing,
mushroom hunting, and many additional advantages today’s city
dwellers can only dream about. More attractions for retiring folks and
young families alike are readily available only short drives away, and
healthcare, schools and civic services are first class.
The current
Owner is place since 1998 and wishes to retire. There are only two
motels in town, with the other one being the La Crosse Motel at 501 S.
Main.
IMPROVEMENTS: The motel features eighteen 18
air-conditioned guestrooms (keys), one (1) of which has two bedrooms,
and five (5) have one bedroom plus a separate living room. Improvements
include cable TV in all the guestrooms, and refrigerators and microwave
ovens in 16 of them. The motel’s sound one-story
brick/cinderblock structure was originally constructed in the
1950’s. There are 2-bedroom owners quarters, including a
large living room with a small kitchen, a front office with reception
desk, and a commercial motel laundry. The property also features three
(3) Motor Home sites with electric hook-ups. Prime land area is
approximately 1.8 acres (+/-), with much of it usable for expansion or
different type uses.
FINANCIAL
INFORMATION: With
the current Owner being semi-retired and the motel having being closed
for some periods of time for various reasons, reported 2006 Motel
Revenues were approximately $22,849.00. There is a superb Financial
Upside potential for Buyers with a handyman/contractor in the family.
TERMS: Cash,
Conventional, or, with appropriate down payment Seller may carry for
qualified Buyer.
LA CROSSE,
KS LINKS
Rush County
La
Crosse, KS
Barbed
Wire Museum
Post
Rock Museum
Rush
Historical Museum
Sternberg
Museum of Natural History
Cathedral
of the Plains
Fort Larned
Kansas
Hunting
Information
herein has been obtained from what are believed
to be reliable sources, however, Anton Hospitality Brokers, Inc.,
cannot guarantee its accuracy. References and information contained
herein are approximate only and are subject to changes and errors.
Assumptions are based on professional management and marketing of the
property and future operating results will vary depending on ownership.
Buyers must conduct their own investigation and due diligence and
consultation with a professional financial advisor is highly
recommended. Price is subject to change without notice.